HK Stock Market Move | SICC Co., Ltd. (02631) rose more than 6% during trading hours. The company achieved a total revenue of approximately 1.465 billion yuan in 25 years, and continues to see the advantages of its product scale.

SICC Co., Ltd. (02631) rose more than 6% intraday, up 6.19% at the time of writing, to HK$51.8, with a trading volume of HK$57.8049 million. On the news front, SICC Co., Ltd. recently announced its performance for 2025, achieving total revenue of approximately 1.465 billion RMB, R&D expenditure of approximately 166 million RMB, an increase of 16.9% year-on-year. Gross profit was approximately 142 million RMB. Looking at actual production volume, the company's scale advantage continues to be realized. In 2025, the company's equivalent production volume of carbonization products was 690,400 units, a year-on-year increase of 68.31%. In 2025, the company completed the layout of a full range of large-size products including 12-inch conductive N-type and P-type, and 12-inch semi-insulating silicon carbide substrates. As of now, the 12-inch silicon carbide substrate products have received orders from leading customers and have been delivered, marking an important step for the company towards the era of large-size silicon carbide substrates. The global silicon carbide substrate market is dominated by a few leading companies, with significant advantages in terms of technological strength, production scale, brand visibility, and recognition. According to a report released by Fuji Economics in March 2026, in the global market for conductive silicon carbide substrates in 2025, SICC Co., Ltd. (SICC) held a market share of 27.6%, ranking first globally; with a market share of 27.5% in the 6-inch market and 51.3% in the 8-inch market, fully reflecting the company's strategic execution achievements.